stock market

Update news stock market

BUSINESS IN BRIEF 27/4

 Vietnam, Laos oil pipeline gets the green light; Vietnam seeks Japanese investment in stock market; US – major importer of Vietnamese Tra fish; FDI reaches nearly US$5 bln in four months

Political News Headlines 26/4

 Deputy PM welcomes Chinese guest; German delegates visit GIZ development projects; Vietnamese Finance Minister visits Japan; Vietnam chairs workshop on South Africa’s election

Conditions ripe for sharemarket growth

 VietNamNet Bridge – There are positive factors to support the growth of the stock market, including the absence of crisis risks and an improving economy, an economist has said.

Investors struggle to escape the “securities quagmire”

 VietNamNet Bridge – Years ago, Vietnamese financial investors joined in on a “securities rush”, seeing securities companies as the geese that lay golden eggs. Today, they are fleeing in droves.

Liquid money flows to securities

 VietNamNet Bridge – Daily securities trading volumes have been soaring since the beginning of the year, a phenomenon completely unexpected by observers and investors.

New circular won't affect indirect investment

 VietNamNet Bridge – A newly-issued circular from the State Bank of Viet Nam would not affect foreign indirect investment (FII) in Viet Nam, according to experts.

BUSINESS IN BRIEF 28/3

Sea freight charges to rise next month; Corruption makes for expensive projects; Rice exports reach 1.31 million tonnes in Q1; Russian aviation firm launches office in Vietnam; ODA disbursement on the rise in Q1

Shares continue upward trend

 Shares rose again last week on both national bourses with the VN-Index increasing 0.82 per cent to reach 601.75 and the HNX-Index surging 7.02 per cent to reach 90.6 points.

FII must use Vietnamese dong

 VietNamNet Bridge – Foreign indirect investments must be transacted in Vietnamese dong, with related transactions being made through accounts in authorised banks, noted a new State Bank of Viet Nam (SBV) circular.

Bourses to merge into national exchange

 VietNamNet Bridge – The State Commission of Securities (SSC) is expected to submit a plan to the government to merge the two bourses into a single entity: the Viet Nam Stock Exchange.

Transactions hit record high

 It was a historic week for the stock market of Viet Nam as trading volume and value on both national exchanges reached a record high on Thursday.

Cash windfall spurs record trades

 VietNamNet Bridge – A significant amount of capital was injected into the stock market last week as investor confidence improved, boosting liquidity on both the bourses to a record high.

Fitch upgrades long-term credit rating to positive

 VietNamNet Bridge – A decision by Fitch Ratings has resulted in a revision of its outlook on Vietnam’s long-term credit rating to positive from stable, affirming its B+ rating.

Foreigners praise new bank cap rules

 VietNamNet Bridge – Industry experts welcomed the government’s Decree 01/2014/ND-CP which relaxes the bank ownership cap rules for foreign investors.

Numerous SOEs to perform IPOs in 2014

 VietNamNet Bridge – In 2014, the government will drastically restructure state-owned enterprises (SOEs) and a series of large SOEs will perform initial public offerings (IPO) and listing.

BUSINESS IN BRIEF 13/1

 Gov’t to borrow VND100 trillion through bond sales; HSBC forecasts bright year for Vietnamese exports; Stock market offers rich opportunities; Grounds for optimism as market thaws; Textile exports forecast to grow

Experts look back at a year in the markets

 VietNamNet Bridge – The stock market in Viet Nam witnessed a strong recovery this year with the benchmark indices, market capitalisation and the involvement of foreign capital soaring over last year, according to the State Securities Commission.

Stock market 2014: Transparency to bring back investors

 VietNamNet Bridge – The improved transparency in the stock market has helped regain investors’ trust in 2013, and the trend will continue this year, said Chairman of the State Securities Commission Vu Bang.

Vietnam securities gain strongest growth in Southeast Asia

 VietNamNet Bridge – The growth of Vietnam's stock in 2013 was over 20 percent, while that of other Southeast Asian countries declined or increased only 3-10 percent.

The new stock millionaires in 2013

 VietNamNet Bridge – Vietnam has got 30 more stock millionaires, who are the shareholders of the companies which begin listing their shares on the bourse in 2013, and the members of the rich families.